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Fed needs to be mindful of lags between monetary policy and real economy. Lawrence Summers, October 5, 2018, Video, “Lawrence Summers, former Treasury secretary under President Bill Clinton and Harvard University president emeritus, joins ‘Squawk on the Street’ to discuss where the Fed’s mindset is on interest rates, inflationary pressures and the biggest economic risks.” Link

GrowthPolicy.org pulls together recent research by Harvard faculty about economic growth. Our goal is to disseminate Harvard research to a broad audience in order to inform debate about the role of policy in achieving stability in our financial systems and shared, sustainable economic prosperity. GrowthPolicy.org is a project of: